PANews reported on November 2 that according to Forbes, the volatility of some major technology stocks in October was higher than that of Bitcoin, with Tesla's stock volatility being the highest at 24%, followed by AMD's 16% and Nvidia's 12%, all exceeding Bitcoin's 11% volatility range. Other technology giants have lower volatility than Bitcoin. Intel's price volatility is 9%, while Meta and Microsoft's price volatility remains around 8%. Amazon's volatility is 7%, and Google's is 6%. Apple is the most stable of the stocks analyzed, with a monthly volatility of just under 6%. This volatility distribution suggests that traditional financial narratives may need to be updated because the data no longer supports the assumption that Bitcoin is much more volatile than blue-chip technology stocks. It is worth noting that Tesla's 24% volatility is more than twice Bitcoin's 11% volatility range in October 2024.
Tesla, AMD, and Nvidia stocks had higher volatility than Bitcoin in October
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